Crypto news

XRP is the best-performing cryptocurrency in the past seven days, and it’s not even close. Trading at around $0.50, it’s up by more than 50%, leaving all other major altcoins in the dust. This has had the entire community speculating on possible reasons, so we take a look at two of them that might have caused the surge. The Ripple-SEC Case The case between the US Securities and Exchange Commission and Ripple is one that the entire industry is looking at, for the way it ends...

[PRESS RELEASE – Please Read Disclaimer] 14,000 projects exist on CoinMarketCap, and regardless of their existence as a layer 1 or 2, a DeFi, NFT, or metaverse protocol, the macro and micro headwinds facing all blockchain projects in this bear market are brutal. How well prepared are crypto projects to survive this bear market? According to Invest In Blockchain industry study, only 36 of the top 100 cryptocurrencies have working products and less than 50% of all projects with...

[PRESS RELEASE – Please Read Disclaimer] Mad Backpacks, the first Find-to-Earn game by WeWay, expands the variety of games in this genre.The increasing number of Move-to-Earn games has led to a significant splash in market development. There are dozens of new applications aimed at motivating people to do something useful — work out, learn something new, gain new skills, and so on. A bright example is the Australian STEPN project, where people can earn income from crypto...

Bitcoin took another hefty fall in late August. The world’s number one digital currency by market cap fell to just over $20,000 following the speech given by Jerome Powell of the Fed in which he talked about the state of the economy. Bitcoin Is Continuing to Experience Bearish Trends Powell hinted that more rate hikes were likely in order, meaning bitcoin is set to suffer further at the hands of what can only be considered, at this point, to be an extremely incompetent...

Compute North, which happens to be the latest casualty of the ongoing crypto rout, has filed for a Chapter 11 bankruptcy in the US Bankruptcy Court for the Southern District of Texas. The filing is pending before the Judge Bankruptcy David R Jones. The company’s CEO, Dave Perrill, also stepped down from his position earlier this month but will continue to remain on the board. Compute North in Trouble Under the terms of the filing, the firm will be able to continue its...

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin. Ethereum (ETH) Despite the bullish fundamentals of Ethereum’s merge, the price of the second largest cryptocurrency has continued its downtrend and registered a 10% loss in the past seven days. At the time of this post, ETH managed to find some support at $1,250, but this level remains fragile. The resistance is not far away at $1,400, and bears will likely come in strong if the price...

INTERNET CITY, DUBAI, Sep. 22, 2022 – LBank Exchange, a global digital asset trading platform, has listed Custodiy (CTY) on September 22, 2022. For all users of LBank Exchange, the CTY/USDT trading pair is now officially available for trading. As a platform for the creation of smart contracts, Custodiy (CTY) offers various services for both companies and individuals with its WebApp. Its native token CTY has been listed on LBank Exchange at 13:00 UTC on September 22,...

Bitcoin cash price started a fresh decline from the $125 zone against the US Dollar. The price is now trading above the $115 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $120 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could start a recovery wave if there is a clear move above the $120 and $125 levels. Bitcoin cash price is recovering from the $105 zone against the US...

INTERNET CITY, DUBAI, Sep. 21, 2022 – LBank Exchange, a global digital asset trading platform, has listed SAINT LIGNE (STLE) on September 21, 2022. For all users of LBank Exchange, the STLE/USDT trading pair is now officially available for trading. As an NFT platform consisting of multiple business areas, SAINT LIGNE (STLE) builds a society where users who love characters and pop art can enjoy, share, and communicate various contents. Its native coin STLE has been listed...

INTERNET CITY, DUBAI, Sep. 22, 2022 – LBank Exchange, a global digital asset trading platform, has listed KlayTicket Token (KTT) on September 22, 2022. For all users of LBank Exchange, the KTT/USDT trading pair is now officially available for trading. As an NFT platform that generates additional profits, KlayTicket supports all the features of NFT and provides the online/offline benefits through its own NFTs. Its native token KlayTicket Token (KTT) has been listed on...